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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: benwood who wrote (66169)6/13/2007 7:02:47 PM
From: Steve Lokness  Read Replies (3) of 116555
 
benwood;

That isn't inflation. It's purgatory.

Or perhaps inflationary purgatory? You give a great example of what I am trying to explain. Do you think that 160% increase in water rates shows up in the inflationary stats? Once our society becomes use to the services all these government entities provide, how do you shut them down? Send people home?

I spent last weekend in south central Washington State. Visiting the very interesting Maryhill museum. Bet nobody reading this thread has been there.

steve
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